Convergence Partners Chairman Andile Ngcaba seeks $250 million to close third fund

The South African businessman is targeting tech assets but has yet to close his latest investment vehicle.

02/11/2022 at 16h37, by Africa Business+

Andile Ngcaba has not completed the final round of financing to raise the $250 million for Convergence Partners Digital Infrastructure Fund (CPDIF)Convergence Partners’ third vehicle.

Recommended articles

Private Equity

24/11/2022 at 18h42, by Africa Business+

Climate : Satgana plots a 100% African fund

After a first closing of $30 million, the tech venture capitalist is working on deploying its Euro-African...

Private Equity

21/01/2022 at 19h20, by Africa Business+

Tech: Andile Ngcaba’s Convergence Partners on track for final closing of CPDIF

The South African entrepreneur has attracted a German backer for an additional $20 million.

New technologies

18/11/2021 at 17h33, by Africa Business+

Andile Ngcaba’s Convergence Partners latest fund proves attractive

The $250 million vehicle is attracting renewed interest from European players, as evidenced by the recent...

New technologies

10/03/2021 at 12h02, by Africa Business+

IFC follows DFC in backing Andile Ngcaba’s Convergence Partners’ new vehicle

The South African fund is targeting a closing in the next quarter.

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com